The Nasdaq Composite reached a new record high after September payroll growth fell short of expectations, reducing fears of an October interest rate hike by the Federal Reserve. The weaker jobs report, combined with lower oil prices, eased inflation concerns and pushed Treasury yields down, benefiting technology and semiconductor stocks. Market participants now anticipate a pause in rate increases, with the Nasdaq and semiconductor indexes showing strong upward trends. Investors will watch upcoming factory orders and Fed comments for further direction.
Micron Technology (MU) trades at USD 1,080.92 on Pluang as of Oct 03, 2026 00:01 WIB, down 1.50% for the day. This movement comes as the Nasdaq Composite hits a record high following weaker-than-expected payroll growth, which has eased rate hike concerns. Despite the broader tech rally, MU shows a slight pullback with 42% of Pluang orders selling and 58% buying, reflecting mixed investor sentiment amid the evolving economic outlook.
Micron Technology has seen huge revenue growth driven by a sharp increase in memory prices, with a 379% year-over-year revenue jump. However, this growth is mainly due to price hikes rather than increased sales volume, raising concerns about sustaina...
Micron Technology reported record fourth-quarter results, beating revenue and earnings expectations due to high demand for high-bandwidth memory (HBM) used in AI data centers. The company's growth is supported by supply shortages and rising prices fo...
Jim Cramer and Michael Burry are publicly clashing over Micron Technology's stock outlook. Burry has taken a bearish position through put options, betting that Micron's stock will fall significantly by June 2027 due to a potential AI bubble burst. In...
Micron Technology remains a tech giant with a market cap near $1.2 trillion, supported by strong demand for DRAM and NAND memory chips. Its Strategic Customer Agreements secure over 35% of revenue through 2030 with price floors and ceilings, though t...
DA Davidson raised its price target for Micron Technology to $2,100, the highest on Wall Street, following strong earnings and optimistic guidance. This bullish outlook assumes memory prices will remain high longer than in previous cycles, supported ...
